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1881  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2014, 10:33:40 AM
-Did you hear? there's a Bitcoin node in the White House!
-Well of course there's a Bitcoin node in the White House...


via: http://www.reddit.com/r/Bitcoin/
1882  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2014, 06:32:20 AM


Marvel's Agents of S.H.I.E.L.D. promotes Bitcoin.
Bullish. Grin
1883  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2014, 08:25:27 PM
Quote
Police apprehended the famous Bitcoin founder while in the middle of seminar he was conducting for Stop Masturbation Now, a Christian anti-masturbation organization

Quote
Hopefully news of this ordeal will bring the much needed attention to the dangers and consequences of masturbation that it deserves. Hopefully, God willing, one day, self-rape will be illegal and people will finally be free of playing on the Devil’s playground

 Cheesy Cheesy Cheesy

That one got me too, until the middle of the page. Tongue
 
1884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2014, 08:21:53 PM
...
You think the averge paycheck will be 4 times bigger in 10 years?

If the inflation is high enough to devalue the dollar by 75% (your candy bar example, and just a touch more than what happened to BTC this year), absolutely.  The chart you have posted not only agrees with my expectations, but suggests that in such a scenario, income would MORE than quadruple.
That's why it's important to *understand* the charts you post.

Quote
Is there a single person on this thread that has 10% pay rise year on year?  Footballers, ceo's and politicians... anyone else?

Not sure, I find it difficult and unpleasant to imagine what you Bitcoiners do for work.
But I know that a candy bar which cost $1 ten years ago does not cost $4.  According to this,


... it costs just $1.26.

I was just entertaining your hypothetical Undecided

Are you beginning to realize how important it is to know what you're talking about before typing? Angry

I don't live in the US, so I can't say if your 0.26 cent increse over 10 years is realistic or not. It's certainly not true of the UK, a 200g Galaxy bar was £0.85 in 2004 and now it's £2.00.

The last 10 years just gone, were just a taste. The calcultor doesn't cater for 3 very important factors the future has in store for the world ecconomy.  World popluation is rising (fast), arible land is declining (fast) and mechanization is increasing.

Southern Europe is alredy experiencing youth unemploment of over 50%, with little hope of a turn around.  Jobs creation in some parts of the EU is increasing, however the vast majority are lower paid jobs.  Some parts of the EU population have lower wages year on year.  Spain 10% lower, greece is similar.  Wages are falling.  Take Russia, people still on the same wages and the ruble is 40% lower compared to Euro, Pound and Dollar.  Prices are going up everywhere and wages aren't, you can't argue with that.  

Take the $1 choclate bar example,  in 2024 will it cost over $4? Probably.   Will my wages be 4 x higher?  absolutely not.
http://blog.ccberries.com/2011/03/09/libya-and-ivory-coast-gas-and-chocolate/

http://www.nasdaq.com/markets/cocoa.aspx?timeframe=10y



EVERYTHING IS ALL RIGHT. SELL ALL YOUR BITCOINS AND PUT YOUR MONEY TO THE BANK!

Because LambChop says so.

PS:
DOOD! PRETTY PLEASE! Don't quote the troll! Undecided
1885  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2014, 11:06:16 AM
Good morning lads, with the warm wish of the day:

CCMF!!!!1
1886  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2014, 08:17:44 PM

And the price still stands still. I wonder when the boom is coming... Cool
1887  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2014, 02:32:30 PM


DON'T QUOTE THE TR...

Oh ok... sorry my bad Tongue Grin
1888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 10:51:59 PM
People are always insulting IE because of its speed. They shouldn't be. What is far more shit about it is the terrible security.

It's true, but chrome falls into the same category IMHO. You don't want to store your passwords there, let alone your 2FA for certain bitcoin sites... Undecided
1889  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 10:46:23 PM
It's an oldie, but still funny... Grin
1890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 10:21:16 PM
Bear scammers have been fooling you for two months now.

Remember, 5th of October.

Something tells me that you know something more which you don't say... Roll Eyes
Got to keep the bull FUD in reserve.

Fair enough  Grin
1891  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 09:08:39 PM
Bear scammers have been fooling you for two months now.

Remember, 5th of October.

Something tells me that you know something more which you don't say... Roll Eyes
1892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 03:18:31 PM
Nice performance there Lamby Grin

https://www.youtube.com/watch?v=as8GLbVx5CA
1893  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 03:10:52 PM
If someone bid 1$ for all of those coins that alone is 50k "in bids"

Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max.

Secondmarket have for now 134K coin. 127K more buys would double their BTC stock  Tongue

Even 20% below the price it's almost $40M

Ok, how many people here understand that you can't buy 127K BTC at an auction selling 50K BTC?


well nothing stopping them from trying to buy 127k btc from those guys.

Dood, seriously, don't quote the troll. He can't even understand basic Ingliz!!! Grin
1894  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 03:08:55 PM


T'is the Season Boys!!!1 Grin


yeeehaaaaw!!! wooooo what a ride this has been.
+1
The best news we've heard for a long time now... Smiley
This comes right after though... Wink
UK Treasury Committee MP: Bitcoin Doesn't Need New Laws
http://www.coindesk.com/uk-treasury-committee-mp-bitcoin-doesnt-need-new-laws/
1895  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 03:03:37 PM


T'is the Season Boys!!!1 Grin
1896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 02:54:28 PM
我們在美國法警的結果比特幣集團:收到的出價 - 104 BTC數量招標 - 124127獲獎者由USMS今天通知


 Shocked Shocked Shocked Shocked

REALLY?

羊排是同性恋!!!

 Grin Grin Grin Grin Grin Grin
1897  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 02:51:06 PM
I don't care what the price of the auctioned BTC is. This is great news as it is... Smiley
1898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 11:12:34 AM
Would you look at that hash-rate decline.. does the difficulty dropping not make it easier for some older hardware to stay online.

That would be true only if the electricity costs are within certain limits - or if you're mining on solar. I guess we'll see the hashrate rising again when the BTC price will get to a number which is affordable for energy hungry miners to mine again and cover their costs. Roll Eyes
1899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 09:03:23 PM

Adam's back. Bullish  Grin
1900  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 06:32:01 PM
about 1 hour to lift off.  Cool

the launch has been delayed due to inclement weather.

Y'all should be happy I'm shorting. If there is a crash, I'll be there to cover my put and if it goes up from here, I'll be force liquidated, driving the price even higher.

Out of curiosity; what's the magnitude of coins you're trading? 10s / 100s / more?
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